USA: Week 25 Pig Market Review 2023

However, Friday's close showed that the June and August contracts moved into the weekend with losses of 57 cents and 30 cents, respectively, compared to 12-50 cent gains on the deferred contracts. July futures were down $1.57 Friday-Friday, while December contracts closed 72 cents higher. The average national benchmark price for USDA hogs was $93.04 Friday afternoon after falling $1.75. The CME Lean Hog ​​Index rose another 85 cents on June 21 to $90.47.

USDA's monthly cold storage data showed pork stocks at the end of May at 525.871 million pounds. This is 7.3% less than in April and 3.7% less than in May 22.

According to the FAS weekly data release, 28,654 tons of pork were sold for EXPORT in the week ending June 15. This is 7% more than last week and 13% more than the same week last year. Mexico and CANADA were the top destinations.

You can learn more about the state of the US pig market, as well as the prices for pigs and pork on the American (and not only) market, in the weekly reviews of the MEAT market in RUSSIA and in the world from Meatinfo.ru.

Weekly reviews are available free of charge as part of a subscription to the monthly analytics of the Russian meat markets.

Average price for pigs

Negotiated price

Price in carcass weight

Price in live weight

National based LM_HG203:

-price range ($)

- weighted average. price

-Change from the day before

-volume of sales

75.00-96.00

93.04

-1.75

2096

61.25-74.95

72.23

1471

Iowa/Minnesota LM_HG206:

- weighted average. price

94.57 (-1.39)

No data

Western Corn Belt LM_HG212:

- weighted average. price

95.19 (-0.09)

No data

Eastern Corn Belt LM_HG210:

- weighted average. price

No data

No data

WEEKLY WEIGHTED AVERAGE PRICE FOR PIGS

Weekly approximate volume of slaughter of pigs, thousand heads

PORK PRODUCTION